Inflation ran hotter than expected last month, underscoring affordability challenges

WASHINGTON (AP) — U.S. inflation was higher than expected last month in a sign that the rising prices that powered sweeping Democratic victories in last week’s midterm elections will continue to pose challenges for the White House and the Federal Reserve . The consumer price index rose 0.4% from September to October, the Labor Department said Tuesday, down from 0.6% the previous month. The…

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